Humanities & Social Sciences 2 (2016 9) 310-317 ~ ~ ~ УДК 343.35(669) The Economic and Financial Crimes Commission and Corruption Management in Nigeria: a Perceptual Assessment of its Legal Framework Hassan Said Umar and Kasim Umar* University of Abuja P.M.B 118, Permanent Site, Airport Road, Abuja-FCT Received 14.09.2015, received in revised form 22.10.2015, accepted 03.02.2016 The menace of corruption and the fi ght against it the world wide has been a major preoccupation amongst pundits and administrators, especially amongst the third world countries. <...> The existence of Anticorruption Agencies virtually in all countries of the world justifi es this assertion. <...> This paper assessed the perception of Nigerian on the strength of the EFCC against its functional responsibilities to determine the adequacy and appropriateness of the powers. <...> The research is a survey type that explored both primary and secondary sources. <...> The primary data were gathered through administration of questionnaire with a content analysis for the secondary data. <...> Relying on Structural Functional theory, the study reveals among other things that, EFCC lacks adequate prosecutorial powers; it also cannot effectively ensure and monitor compliance to the limit of foreign currency transfer ($10000) and the local cash transaction limit; the court system in Nigeria has also frustrated the efforts of the commission in addition to the unruly behaviour of some senior legal counsels who often connive with some judges to subvert justice. <...> The paper therefore submits that the EFCC operate within unfavourable legal space that hinders to a large extent its operational success. <...> It is therefore recommended inter alia: a specialised and separate court with specialised judges to handle fi nancial crimes, streamlining the areas of responsibilities to just fi nancial crimes for the EFCC. <...> The fi ght against corruption © Siberian Federal University. <...> The apparent failure to rid the country of corruption through the Anti Corruption Agencies (ACAs) has over the years been attributed to so many factors amongst which is the fi nancial base of the agencies, leadership Hassan Said Umar and Kasim Umar. <...> The Economic and Financial Crimes Commission and Corruption Management… and the political atmosphere within which they operate. <...> Amongst the Anti graft agencies in Nigeria, most prominent of them on the lips of contemporary Nigerians is the Economic and Financial <...>